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the economy is right now. every economist predicted roughly 90,000 to 120,000. this economy doesn't feel like the employment improved this level. it is just -- maybe it's a coincidence that the month before the election, we have a number that comes out 1/10th below when the president took office. >> sean: jack welch is not the only one tawing of this timely development. listen to what business insider said on fox business new york this morning. >> i feel like i am watching a movie, a suspense movie. because there is no way in the world these numbers are accurate. and somebody needs to dig real deep into this. how in the world, miraculously, we have the best flz 30 years, right before the election? somebody needs to do an investigation, like they are doing an investigation in libbia. they need to investigate the numbers because there is no way in the world these numbers are accurate? >> the same administration not telling the truth about benghazi and libya and the death of four americans. there are very important questions that need to be asked of the obama administration. when you look at the
is progressing and away the mature economic and economy as we have it pretty sound situation. well, if you compare what is happening in the u.s. in terms of the design of the framework of my economic policy, this is a totally different vision. in the u.s. you have the degree of flexibility. it's ready to intervene and to apply a very flex ability monetary policy, wearing europe the process is very cumbersome. it is a process in which the decision-making is extremely complex and we lack a proper lender for sovereign ends. this is the root of the problem today, that we have to apply fiscal policy, but we don't have a sufficiently policy. i would like certainly a lender of last resort. there is a situation for and stability in the sovereign that markets an example for that, in this chart you see the spread of the government that equally compare with germany and the spread is nearly 650 basis point. as you can all understand, it is impossible to work within a monetary union with such discrepancies between the core countries to finance themselves in european countries in this case, we have to p
economy from the middle out rather than from the top down. look, i know vice president biden. i know he's looking forward to having a spirited exchange about ideas. i simply hope this, i hope what paul ryan does is something fundamentally different than what mitt romney does, and that is i hope he comes with just a modicum of truth and willing to defend their policies rather than to admit somehow they don't exist. >> and, finally, will we see a different game from president obama in the next debate? >> well, again, i think now that barack obama has had the opportunity to meet both mitt romneys, i don't doubt that he'll make some adjustments. i know he's looking forward to the next debate. >> robert gibbs, thanks very much for your time this morning. >> george, thanks for having me. >> let's hear from the romney campaign. ed gillespie joining us this important. ed, thanks for getting up this morning. you heard robert right there, masterful, theatrical, fundamentally dishonest. i guess his basic point now about governor romney on his tax plan is either that he's not telling the truth abou
to battleground virginia. of economy is at the center election, and at the center of the economy is small business. talk a lotpaigns how they are going to help small businesses. visited one in loudon county. let's take a look. >> loudon county, virginia, has history of bootleg whiskey. probably find some still in business there. some legaly whiskey. despite attala lack of experience, scott, a former technician, and his wife, becky, a chemical engineer, started to build their distillery in 2009, in the depths of the recession. put in a lot of personal equity, but there is also help that comes with it. they had a loan from the small business administration. now their top concern is health care. >> is very difficult to find options for company the size of ours. it remains to be seen. about an hour's drive away, visited this real estate office. time they had 20 agents of three offices, then at the real estate .ubble burst >> when barack obama talks his predecessor's policies responsible, how you respond to that? phooey. >> he has to take responsibility for some of the past four years. don't feel that
in infrastructure, if we level the playing field, we will grow the economy. frankly, we have a ball and chain. it is congress. congress is holding us back. we need to change congress in two ways. we people who are more fiscally responsible. when the people who know the basics of how to work together. you will hear these things a lot tonight in my comments. i was the governor who drew top tax fraud. i had to cut $5 billion from the state budget, including my own salary. i'm the only governor in modern times who left the office with a smaller general fund budget and when i started. i know how to be fiscally responsible. my opponent when into the united states senate in 2001 with the biggest surplus in the united states and six years later left with massive deficits. during his time in the senate, the national debt went up by $16,000. he conceded that spending was a problem in the senate. we also have people who need to know how to work together. i learned to cut crime bills and the economy. my opponent said his job was to not democrats softly. he took this similar position in the senate, fighti
in the first place. wall street cannot be allowed to be reinstated. it drove our economy off the cliff and people tried to punish our records but they were not the ones that drove off the cliff. yet that is where the budget goes to recoup. it's time for us to have responsible regulation that makes sense. >> thank you very much >> moderator: final question i will be asking. you have three minutes to both answer the question and then make your closing remarks. mr. renacci, you talk a lot about a bipartisan group that you are a member of, 16 members, eight republicans, eight democrats, and devotee sutton you talk about reaching across the offer cash for clunkers. no single party can have all of the good ideas. i wonder what you heard from your colleagues on the other side of the all that makes sense, and what are you doing specifically to bring the governments instead of gridlock to the nation's capital? and i think we split ahead of time, and the first response, final response will go to congresswoman sutton. sutton: thanks very much for the question. i think building those relationships
, applications today are refinance applications and a lot of that money is coming back into the economy and will help during the fourth quarter. that's the good news. bad news is all the job losses on the good producing side of the sector. manufacturing job loss two months in a row. that's global demand and the global weakness. you see the unevenness of the recovery persist. >> that's the stuff that presidential candidates or presidents can have difficulty moving the needle on. you did talk about housing which i've been calling the golden lining around the cloud. i want to bring in don peebles. he owns a real estate firm. he's a democrat. don most of your work is in sort of bigger stuff. you're not buying individual homes. but there's definitely stuff going on in the construction sect jobs in home building, in home buying as diane said in refinancing. these low rates as expensive as they've been to keep in place seem to be combining with low home price, low property price and causing some activity. >> the housing market has picked up especially in more of our global cities. if you look
on the economy, how does the consumer feel about the so-called recovery? we bring you new numbers on that at the top of this coming hour. and let's go to nicole. we have news on apple's mini ipad. what's the news and what's the stock doing? >> oh, the speculation is swirling. well, we'll see whether or not apple takes off the-- and goes under the the wraps here. october 23rd, the day we're looking for. this may be the day we learn a lot more about the ipad mini that we have been talking about here on "varney & company," right. stuart: when we learn a lot more, what will it be? the specs on the thing, how big, how small. >> i don't know. invitation only event. it was reported all things d on today. and we've talked about the fact that the ipad is 9.7 inches, the ipad mini based on some of the analysts who went over to asia and saw some of the displays being ordered were speculating it could be 7.8 inches, so 7.8 rather than 9.7. and so, it will be smaller and will be able to compete, obviously, more readily with the kindle fire and the other smaller types of tablets. stuart: i just
, how would you describe the jobs economy and right now? guest: this is the weakest recovery we have had since world war ii. the jobs numbers each month, we have averaged around 145,000 jobs created per month this year. that is barely enough to keep up with the growth of the working age population. and it has been a somewhat brazilian recovery in that there have been a lot of fears that we would go back into recession at various times and that has not happened. the overall economy has grown roughly 2% since the recession ended in june, 2009. that is a fairly weak growth rate, particularly after the death of the recession. by many measures, this is easily the worst since the great depression corporate -- the great depression. the modest and sometimes weak growth we have had has made it very difficult for the unemployed. we have long-term unemployed, those are of work for six months or even a year, that has been a record -- at record levels. ben bernanke has long term crashes -- the prices of long- term unemployment. -- the crisis of long-term unemployment. host: let's begin with a call fr
, the economy comes to life. norfolk southern. one line, infinite possibilities. >> we know why we're here. to connect our forces to what they need when they need it. >> to help troops see danger before it sees them. >> to answer the call of the brave and bring them safely home. >> around the globe, the people of boeing are working together to support and protect all who serve. >> that's why we're here. >> corporate funding is also provided by prudential financial. additional funding is provided by the annenberg foundation, the corporation for public broadcasting and by contributions to your pbs station from viewers like you. thank you. once again, live from washington, moderator gwen ifill. gwen: good evening. the first debate is behind us and the presidential race is tighter than ever. for different reasons, both candidates returned to the campaign trail this week with renewed vigor. >> you may know that a couple of nights ago we had a debate. you may have got an chance to see that. i got the chance to ask the president some questions i think people across the country have wanted to ask
, was to notave his hands around basic facts and figures about the economy. people are saying in the business community isthat a guy that's unconnected -- this detached could ruin another fou years for the country. neil: you reminded me at things could change in politics. a week ago at this time, mt romney couldn't win. are we to treadarefully here making statents? >> you know, here ishehe deal. the romney campaign is on an upsurge. fundraisers, super pac razors, everybody on the gop is going to take advantage of that. because we never know what's into bon the flipside. we don't know what's coming around after the next debate. so everybodys taking advantage of it. yes, your answer is we are on a roll right noo an we are taking advantage of it and we are going to do everything that we can. we don't know. you know come the next flip back and it can be obama. this is a very volatile race and it's tight. >> there is no doubt a couple of weeks ago and it looked like he was losing -- there was no doubt that his contribution -- they were sayinthat we are going to divert a ton of money to house d sen
reported having jobs. senator ayotte, isn't the economy getting better? well, i think, what is disappointing about the report is the down tick we saw in unemployment is because of part-time work, for economic reasons, so people who want full-time jobs, taking lower pay, you can't support a family on part-time work. and of course we still have the sad fact that we have the lowest labor participatings rate since 1981, and if the number of people who were working or participating in the workforce were the same as when the president came into office the unemployment rate would really be 11%, so, i don't think there is any cause to celebrate, here and i think if you told the american people four years ago, that the unemployment rate is going to be 7.8%, at this point, during the president's term, i don't think anyone should be satisfied or happy with that. >> chris: governor, are you satisfied for happy. >> i don't think any of us should be happy, we want to return to full employment. and, what we have seen now is 31 months in a row, consecutive months in a row of private sector
and the greatest peacetime expansion of our economy in the nation's history. by contrast, the decade checked by bush tax rates squandered our budget surpluses, produced net- jobs and culminated in the great recession. the lesson here is that the contrary -- is that contrary to supply-side economics, the level of the top rate does not by itself dictate what happens to gdp. a balanced budget aided by increased revenues just might restore confidence to investors and jump-start our economy. for the third and final element of this tax reform model, we turn to investment income. it is time to reduce the sizable differential and the tax treatment of earned and unearned income. the reduction in the capital gains rate to 15% under president bush was a major contributor to the growth and wealth disparities we see today. the top 1% on average received 20% of incoming capital gains, 10 times as much as the rest of the country. capital gains makes up 60% of the income recorded by the forbes 400. the extremely low 50% rate in effect today is an allied air. it is the lowest rate on investment income since
. >> they are trying to suck the life blood out of the economy. >> vampires? really, mr. romney? this sucking up to the right wing went too far. nice try, moderate mitt. but we got the tape and we got you. water will work for a few seconds but if you're not drinking it, it's going to get dry again. i recommend biotene. all the biotene products like the oral rinse...the sprays have enzymes in them. the whole formulation just works very well. it leaves the mouth feeling fresh. if i'm happy with the results and my patients are happy with the results, i don't need to look any farther. that was me... the day i learned i had to start insulin for my type 2 diabetes. me... thinking my only option was the vial and syringe dad used. and me... discovering once-daily levemir® flexpen. flexpen® is prefilled. doesn't need refrigeration for up to 42 days. no drawing from a vial. dial the exact dose. inject by pushing a button. flexpen® is insulin delivery... my way. levemir® (insulin detemir [rdna origin] injection) is a long-acting insulin used to control high blood sugar in adults and children with diabe
. that promise is rapidly slipping away because our economy is on the wrong track. 170,000 people woke up in our state this morning without a job. we can get our economy back on track if we get our people back to work. i have a plan to do that. i have been there. i've been bankrupt. i've lost everything and i have been able to come back. that's what we need a -- that's what we need to do. the plans my opponent has support in washington has only made things worse. you can look it a path for someone who has created millions of jobs or you can look at the path for someone who's going to push the economy of the fiscal cliff. >> thank you very much and thank you to channel three. i'm looking forward to this morning. i am a product of connecticut possible class. my grandfather worked in the factories of new britain, my mother is a retired schoolteacher. i was raised to believe i need to live my life in a way to stand up for the bill class families of the state that has meant so much to my family. i passed the connecticut stem cell law which is saving lives and putting people to work. i went to congres
to trust us. so while hot spots are growing abroad, the economy is not growing here at home. that is the problem we have to focus on here. you see, the economy is growing slower than it grew last year. last year it grew slower than the year before. all president obama has offered as more of the same. we have a very big choice to make. that choice is clear. do we want more stagnation that fosters dependency or do we want a dynamic, growing economy that creates opportunity and creates jobs? [cheers and applause] in a nutshell, we need leadership. [cheers] look at the guy over my shoulder right here. if you look at this man's life story, one word comes to mind. leader. this is a man who turned around the olympics, who turned around struggling businesses, and by the way, being successful in business, that is a good thing. there is nothing wrong with that. we want more people to be successful. we want more people to have prosperity, to have jobs, to have higher take-home pay. we want people to grow. in a jobs crisis, wouldn't it be nice to have a job-creator in the white house? t
the latest look into the u.s. economy, and the latest fuel for the fight over economic policy in the presidential campaign. it was the kind of news that president obama hoped for, just over a month before the election and two days after a sub-par debate outing. >> more americans entered the work force, more people are getting jobs. >> brown: indeed, september's unemployment rate, calculated by a survey of households, fell to 7.8%. that's the lowest since the president took office. a second survey, of businesses, showed that employers added a net of 114,000 jobs, and job gains for july and august were revised upward by 86,000 the president touted the numbers in a campaign stop at george mason university in fairfax, virginia. >> now, every month reminds us that we've still got too many of our friends and neighbors who are looking for work. there are too many middle class families that are still struggling to pay the bills. they were struggling long before the crisis hit. but today's news certainly is not an excuse to try to talk down the economy to score a few political points.
? the choice is clear. a stagnant economy that promotes more government dependency, or a dynamic growing economy that provides opportunity and jobs. mitt romney and i will not duck the tough issues. we will not blame others for the next four years. we will take responsibility. we will not try to replace our founding principles. we will reapply our founding principles. the choice is clear. the choice rests with you. we ask you for your vote. thank you. >> thank you both again. thank you very much. this concludes the vice- presidential debate. please tune in next tuesday for the second presidential debate in new york. i do hope all of you go to the polls. have a good evening. [applause] [captions copyright national cable satellite corp. 2012] [captioning performed by national captioning institute] [applause] , livem tonight's debate reaction for the next hour. it is just past 1:00 eastern time in the morning. we are taking your tweets. you can join us on facebook. we will get to your calls in a couple of minutes. [applause] >> as the vice president the parts, along with paul ryan and their
for the american recovery. somebody said obama didn't know anything about the economy. well, forget that for now. the national unemployment rate fell to, count it, 7.8%. 114,000 jobs were added to the payrolls. an additional 86,000 were added to revisions for july and august. the labor force grew, my friends, by 418,000, which means the drop in unemployment is not due to people giving up on looking for work, which is a great republican talking point. president obama broke the news to supporters during a rally in virginia today. >> this morning we found out that the unemployment rate has fallen to its lowest level since i took office. more americans entered the work force, more people are getting jobs. >> the president made clear the economy is not out of the woods. it's never going to be out of the woods. look where we're going. there are still a lot of people who are waiting for the recovery to reach them. >> we've still got too many friends and neighbors who are looking for work. there are too many middle class families that are still struggling to pay the bills. they were struggling long befo
the ways all of us at us bank are helping grow our economy. lending more so companies and communities can expand, grow stronger and get back to work. everyday you see all of us serving you, around the country, around the corner. us bank. lou: the unemployment rate dropping and dramatically. the jobs picture, however, is still stagnant. former cbo director, douglas holtz-eakin, joins us here in just moments to explain all of this and to give us a perspective on the economy going forward. on wall street, stocks finished the nasdaq down about 13 points. for the week, both the dow and s&p up 1% while the nasdaq posted a fractional gain. as i reported, the september unemployment report did come in at 7.8%, down from 8.2%, 114,000 jobs, 10,000 of them government jobs. unemployment is 15% with 23 million americans still unemployed, under employed, or having simply given up looking for work. crude oil dropping again on concerns of slow economic growth. crude oil down a dollar 83 under $90 a barrel. for california, prices statewide for gasoline are $4.99 a station, and some stations charges $6 a g
. in a us whohold survey, 873,000 more americans reported having jobs. senator ayotte, isn't the economy getting better? >> i think what is disappointing about the report is that the downtick we saw in unemployment is because of part-time work for economic reasons so people who want full-time jobs taking lower pay. you can't support a family on part-time work. and, of course, we still have the sad fact we have the leaflet labor participation rate since 1981. if the number of people working or participating in the workforce were the same as when the president game into office the unemployment rate would really be 11%. i don't think there is cause to deliberate here. if you told the -- to celebrate here. if you told the american people it would be 7% i don't think anybody would be satisfied or happy with w. that. >> we want to return to full employment but what we have seen now is 31 months in a row consecutive months in a row of private sector job gains. so, it is far better to be gaining jobs than losing 800,000 a month as we were when george bush was in office. we still have a long way
florida he will win the election. the economy is horrible the world is taking advantage of us. he has to be sharp and on his game. ladies and gentlemen, the one and only donald trump. >> chris: i'm chris wallace. a new jobs report on the first presidential debate. shakeup. the race for the white house. unemployment drops below 8% for the first time in 44 months. both sides say romney budget any wins debate one. with 30 days until the election we will discuss where the campaign stands now. with republican senator kelly ayotte and democratic governor martin o'malley. then a debate guru explains the dos and don'ts when 67 million people are watching. we'll ask brett o'donnell to review what obama and romney did in the first debate and what they should do better next time. plus this week's face-off between the vice presidential candidates. we will ask our sunday panel to handicap biden versus ryan. and we go "on the trail" all right now on "fox news sunday." and h hello again from fox news in washington. big changes in the presidential race this week. the romney campaign was reenergiz
that the economy is a top issue, you run into a risk of focusing on too many items as opposed to jobs and economic issues. host: there will also be a foreign policy debate coming up on october 22. is this a sort of preview of that debate? will this be a preview for the obama camp to see what they will be talking about, coming up? caller: it will be a chance for governor romney to do a preview, yes. the thing that i think occurred many times before, romney camp -- came out and named a lot of these things fairly forcefully. from what we saw yesterday, this will be an even stronger reputation of his view on those issues. getting out on the campaign trail at these paul ryan events, particularly when it comes to the issue of things like foreign aid and how this country deals with the resources when it comes to other places, we do not exactly see that relationship being reciprocal. it is something that has gotten a surprising amount of attention on the trail over the last few weeks. it could be an area where the mitt romney campaign is looking forward as they decided to hold this speech. host: one piece
for free? well, it is a two-sided part of the economy. you have people who want to engage in the search. they want to find things quickly and effortlessly through the internet. on the other side there are advertisers who are happy to purchase advertising from google and it will be presented to this consumers reveal themselves to be interested in looking for particular things. a restaurant or a kind of car or a book, what have you consumers do their part by lending their eyes. it is taken to a much higher value added level. you, the consumer, reveal through your search what you are really looking for. advertisers are able to zero in on a potential audience of what they have to sell. the interest that google has been offering its search engine. and how the search engine operates, i'd like to address a few of the higher-level questions. a few that have come up and whether it presents an antitrust problem with google. i am only going to focus on questions that originated in the u.s. and are analyzed. the first is google's ranking of specialized searches. i'll explain that in a moment. speci
's now the economy that has the e.u. facing one of its biggest crises yet. mounting debts, high unemployment, and austerity measures have triggered protests in some euro-zone nations. the economic woes have created deep rifts among countries using the joint currency, and raised questions about maintaining the euro and even their union. germany is the e.u.'s economic powerhouse. its chancellor, angela merkel, said the nobel peace prize shows the value of european unification. >> ( translated ): the euro is more than a currency because in the end it is foremost about the original idea, the idea of europe as a community of peace and values. >> suarez: but there were detractors, including those who said the e.u. hasn't dealt with an influx of immigrants. the director of amnesty international's branch that monitors the e.u. said he hopes the award would encourage the european union to be more open to refugees. >> suarez: the $1.2 million prize will be awarded in oslo on december 10. for a closer look at its successes and some of the ongoing challenges facing the e.u., i'm joined by a
children. what i want to think about is a future that has jobs. >> the ad goes on to say the economy is important to women. >> a victory for the obama campaign on early voting in ohio. a federal appeals court in the buckeye state just reinstated early voting on the three final days before election day. the ruling means that people in the key battle ground state can continue to cast their ballots. depending on the decision of the local border of elections that is. the obama camp filed that lawsuit arguing that everyone should have a chance to vote on those days. >> and the early voting is now under way in florida. absentee ballots are in the mail. yesterday miami-dade county mailed out 170,000 ballots. officials say voting by mail has exploded. in fact more than half of voters cast their ballots by mail or during early voting in the last general election. >>> in today's strategy talk, september jobs report came out just in the nick of time for president obama after this week's tough debate performance. but the honeymoon only lasted five minutes before a tweet by former g.e. ceo jack w
's policies would hurt farmers. the governor talks about his five-point plan to fix the economy, something he says will help everyone from farmers to small businesses. >> i'll make sure our tax policies and our regulatory policies and healthcare, all these things come together to make it easier for small business to grow and thrive. america needs this new direction. we can't go on the path we've been on. we must restore america's strength and i will do it with your help. >> the obama campaign leveling a new attack at governor romney today over his plans to cut spending, specifically cut funding for pbs that would affect big bird. they have a new ad about it on today. >> bernie madoff, gut tons of greed and the evil genius to towered over him. one man has the guts to speak his name. >> big bird, big bird, big bird. >> it's me big bird. >> big yellow, a men as to our economy. mitt romney knows it's not wall street you have to worry about, it's sesame street. >> reporter: the republican national committee coming out with its own response, this graphic advertisement that quotes the count from ses
the global economy is critical. europe is our largest export market, and it is in a slow decline that will go on for some time. china finds europe as their largest export market. we have an extraordinary relationship with china, with our exports. all of this is under challenge. the fundamental issue is to understand if we get rid of uncertainty, if we step up in a clear way and decide what we're going to do about our unemployment by using energy, by expanding tourism, by working hard to change our regulatory system, and if we face the fundamental realities, we can fix this. we only need one thing. we need leadership in the white house and congress. we need leadership in the business community. >> can this come significantly down? >> you asked if this is the new normal. >> that is the choice americans are going to make on election day. i think most americans would say no. the american spirit is alive and well. that will help us grow the economy. but you have to look at some fundamentals. for manufacturers it is more expensive than any other country in the world. that is after you take out the
Search Results 0 to 49 of about 456 (some duplicates have been removed)